This Multi family located at 50 Fairlawn Ave, Southbridge, MA 6 cars off street parking and addition yard on the side of the building on a generous 12632 square feet total lot. This property is fully occupied for instant income. The kitchen provides a welcoming space, with cabinets that blend functionality with a touch of the design. The current landlord has heat included in the rent because there is only one heating system in the building. The property is located at the end of a dead end street with no traffic. All the windows on the property are replacement windows. Public records has the proeprty as two bedrooms on each floor however the proeprty is being used as a three bedroom. The property is located on a double lot.
This home has been viewed 23 times
Last Checked: June 18th, 2026 at 7:53am (Source: MLS PIN #73503848)
Gross Income: $56,400
Gross Expenses: $16,441
Net Income Calc: $39,959
Water Views
Annual Expenses for 50 Fairlawn Ave, Southbridge MA 01550
Total Gross Expenses (Calculated)$16,441/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax5141
Annual Income & Unit Breakdown for 50 Fairlawn Ave, Southbridge MA 01550
Total Gross Income (Calculated)$56,400
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms3 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms3 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms3
Bathrooms3 Full
Floor3
Levels in Unit1
Rent IncludesHeat
General Information for 50 Fairlawn Ave, Southbridge MA 01550
Listing ID73503848
Property TypeMulti Family / 3 Family
Price485000 ($206.21/SqFt)
Style3 Family - 3 Units Up/down
CitySouthbridge
CountyWorcester
Neighborhood(s)
Approximate Living Area Total2352
Approximate Lot Size (Acres)0.29
Total Parking6
Garage Parking0
Year Built1910
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningR2
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 50 Fairlawn Ave, Southbridge MA 01550
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsRefrigerator And Some Personal Belongings
Financial Data SourceEstimated
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 50 Fairlawn Ave, Southbridge MA 01550
Real Estate Taxes5141
Tax Year2025
Assessed Value$350,700
Financial Data SourceEstimated
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 50 Fairlawn Ave, Southbridge MA 01550
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 50 Fairlawn Ave, Southbridge MA 01550